Word: chã
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...Caracas CHAVEZ WITHOUT LIMITS Venezuelan voters passed a referendum to remove presidential term limits, allowing President Hugo Ch??vez to seek re-election indefinitely. The constitutional amendment, supported by 54% of voters (including these Ch??vez supporters, above), comes more than a year after the leftist leader's first attempt was shot down. Ch??vez says the measure was necessary to continue his socialist reforms; critics say it has brought the country closer to dictatorship...
It’s hard to say which is more famous, Venezuelan President Hugo Ch??vez’s radical socialist policies, or his notoriously exaggerated personality. Ch??vez’s constant interruptions of the Spanish prime minister in late 2007 at a summit in Chile brought the king of Spain, a normally soft-spoken man, to shout, “Why don’t you shut up?” Yet Ch??vez will not be shutting up any time soon. On Monday, Venezuela passed a national referendum that removed term limits for public...
...Ch??vez has also used Venezuela’s petroleum wealth to extend his influence in the region while the Bush administration focused elsewhere. In particular, he has invested in his ideological allies in the region, including Fidel Castro’s Cuba, Evo Morales’s Bolivia, and Rafael Correa’s Ecuador. But, for all his hatred of the United States, Ch??vez remains a dutiful producer of oil for American consumption, delivering over a million barrels a day to the evil superpower in the north. As a result, he has become an unfortunate...
...reserves. According to some reports, he has already spent close to a third of the central bank’s assets. These unsustainable spending patterns would effectively doom the country’s future in the event of a crisis in confidence like the one that would follow a Ch??vez victory next week...
...Ch??vez is attempting to delay the painful but inevitable hard choices in the sphere of Venezuelan political economy until after the referendum. Much like the German parliamentary elections of 1933, this referendum is a high-stakes gamble for absolute political hegemony. With his grip on state power, it would be very hard to remove him democratically once indefinite re-election is constitutionally allowed. So nothing less than Venezuela’s democratic institutions are on the line. But, if Venezuelans manage to reject Chavez’s delusions of autocracy once more, there will most likely...